The American Iron and Steel Institute (AISI) reported Monday that US raw steel production fell 2.3 percent last week (ended March 17) compared to a 0.6 percent increase the previous week.
Total raw steel production in the United States amounted to 1,913,000 net tons (nt) last week, representing a 2.3 percent drop from the 1,959,000 nt produced in the previous week, and a 4.3 percent increase from the 1,834,000 nt produced in the same week of last year.
The capacity utilization rate of US raw steelmaking facilities was 77.4 percent in the week ending March 17, compared to 79.3 percent in the previous week and 75 percent in the same week of last year.